Oilseeds Farmers Move To Other Crops As Prices Plummet

Financial Express| Aug 18, 2017 While Consumers Are Enjoying Lower Prices Of Edible Oils This Year, The Country’s Oilseeds Farmers Are An Unhappy Lot, Thanks To Low Returns On Their Produce. Huge Domestic Production Of Oilseeds And Good Availability Of Cooking Oils Globally Have Increased India’s Edible Oil Imports, Leading To A Plummeting Of Oilseeds [...]

August 18th, 2017|Agricultural|

Sugar Mills In South Demand Cut In Import Duty, North Mills Oppose Move

Economic Times| Aug 17, 2017 PUNE: Sugar Mills In Drought-Affected Tamil Nadu Have Demanded Tariff-Rate Quota (TRQ) Import Of 6 Lakh Tonne Of Raw Sugar At Zero Import Duty To Help Minimise Losses.Officials Aware Of The Matter Told ET That The Government Is Reviewing The Situation And May Accept Their Demand, As It Will Not [...]

August 17th, 2017|Agricultural|

Wheat Futures Soften By 0.18% On Ample Stocks

Commodity India| Aug 17, 2017 Wheat Prices Eased By 0.18 Per Cent To Rs 1,669 Per Quintal In Futures Trade Today As Speculators Reduced Their Exposure, Triggered By Adequate Stocks Positions At The Spot Markets. At The National Commodity And Derivatives Exchange, Wheat For Delivery In September Declined By Rs 3, Or 0.18 Per Cent, [...]

August 17th, 2017|Agricultural|

Rain Deficit Hits Sowing In About Half Of Telangana

The Hindu Businessline| Aug 17, 2017 A Truant Monsoon Has Kept Telangana Farmers Still Guessing. Sowings Have Been Hit In Some Areas Of The State Even After Six Weeks Into The Kharif Season. Nearly 40 Per Cent Of The Mandals Have Received ‘Deficient’ Rainfall.There Is A Total Drop Of Four Lakh Hectares In The Cropped [...]

August 17th, 2017|Agricultural|

Low Demand Drags Down Mentha Oil Futures By 0.70%

Commodity India| Aug 17, 2017 Mentha Oil Prices Slipped By 0.70 Per Cent To Rs 1,194 Per Kg In Futures Trade Today As Speculators Trimmed Their Positions, Taking Negative Cues From Spot Market On Easing Demand From Industries. Besides, Ample Stock Positions On Higher Supplies From Producing Regions Too Weighed On Mentha Oil Prices… Source:http://www.commodityindia.com/templates/more_news.aspx?gid=Others&fn=DTmentha081717

August 17th, 2017|Agricultural|

Each Degree Celsius Rise In Global Temperature To Reduce Crop Yields: Study

Livemint| Aug 16, 2017 New Delhi: Each Degree Celsius Increase In The Global Mean Temperature Would, On Average, Reduce Global Yields Of Wheat By 6%, Rice By 3.2%, Maize By 7.4% And Soybean By 3.1%, Says A Study.The Study Was Published In The US Scientific Journal ‘Proceedings Of The National Academy Of Sciences’ (PNAS) On Tuesday.Noting [...]

August 16th, 2017|Agricultural|

Foodgrains Production Set To Touch Record 276 Mt In 2016-17

The Hindu Businessline| Aug 16, 2017 Total Foodgrains For 2016-17 Is Projected To Be Record 275.68 Million Tonnes, According To The Fourth Advance Estimates Of Production Of Major Crops Released On Wednesday.The New Estimates Are 5.58 Mt More Than The Target Of 270.10 Mt Set For The Year.Total Rice Harvest Is Expected To Top 110 [...]

August 16th, 2017|Agricultural|

Agri-Commodity: Crude Palm Oil, Chana, Refined Soya Oil Fall On Muted Demand

Economictimes.Indiatimes| Aug 16, 2017 Crude Palm Oil Prices Drifted Lower By 0.66 Per Cent To Rs 494.70 Per 10 Kg In Futures Trade Today As Traders Booked Profits Amid Easing Demand At The Spot Market. Besides, Sufficient Stocks Position Following Higher Supplies From The Producing Belts Too Fuelled The Downtrend… Source: http://economictimes.indiatimes.com/markets/commodities/news/agri-commodity-crude-palm-oil-chana-refined-soya-oil-fall-on-muted-demand/articleshow/60082735.cms

August 16th, 2017|Agricultural|

Record Pulses Buffer Stock Turn Into Headache For Centre; Here Is Why

Financial Express| August 16, 2017 The Government Is Grappling With The Issue Of Disposing Of More Than 1.9 Million Tonnes (Mt) Of Buffer Stock Of Pulses. These Stocks, The Highest Ever, Were Created Mostly Through Domestic Procurement But Also Imports Since Finance Minister Arun Jaitley Announced The Policy In October 2015 To Control A Spike In Prices. [...]

August 16th, 2017|Agricultural|

Volatile Trend Ahead Of Festival Season Spices Up Jeera

The Hindu Businessline| August 15 2017 Jeera Prices Have Surged Over ₹1,000 Per Quintal In The Past Two Months On Short Supplies And Higher Demand As The Festival Season Is Set To Begin. While Supplies Are Still Short, Trader Sources Indicated Further Volatility Ahead For The Commodity.However, At The National Commodity And Derivatives Exchange (NCDEX), [...]

August 15th, 2017|Agricultural|